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A finance research paper idea is often difficult because it requires that you know more about the organizations than is typically available. You will conduct financial information research in a number of ways – the first is by visiting the corporate website of the organization you have chosen. You may find that there is all pretty roses and happy thoughts on a corporate website, this is because organizations do not want to share negative information that may discourage stakeholder support; however, if you are selecting this organization for your research, do not assume it is all pretty colors and happy stakeholders. Review the financial information available to determine if you see an opportunity for improvement- an opportunity that will become your great idea for your research paper.

If you are unable to determine an idea from the corporate website of the organization, you can often check your school’s database for financial information on the organization; from there you may also find opportunities for improvement. You could develop possible suggestions on how to use the finances more successfully, or ways to increase industry leadership through proper project funding. It is possible that you will not gain enough information from either of these sources to develop a solid idea. Visit the rest of the database and see if you can find articles that advice other suggestions or reporters who have criticized the organization. How might you have handled the situation mentioned differently? Read more…

The objective of the research paper is to present ACS State and Local Solutions as an organization that can benefit from a change readiness assessment. The twenty first century points to a constant change, rapid growth, and to try to get as much business as possible, however constant search for more capital weakens and strengthens different areas of the organization.

Weisbord proposes his Six-Box model as a diagnostic framework for organizations. He expresses that a blip in any one box cannot be managed independently of its relationship to other boxes. However, six potential starting places give you alternatives when choosing an improvement strategy (Weisbord 1978).

Let us analyze the purpose of the organization. What business is ACS State and Local Solutions in? The organization is in the business of helping people to achieve self-sufficiency, and to process childcare checks on a timely manner to ensure a better quality life for children. Both contracts are with Miami Dade County, the first is twelve million dollars with one hundred forty five employees and the latter is a sixty five million dollars and a staff of forty-five. Read more…

For all their flair and boasted smugness, traders are not nearly as rational as they claim to be. This principle, which is in open conflict with the conventional Efficient Market Hypothesis supported by Modern Finance, is at the heart of a new discipline called behavioral finance. These studies target the cross-territory between psychology and finance and have an impressive body of empirical evidence supporting their statements.
What are the most common human frailties preventing the rational decision-making postulated by modern finance theory and conventional economics at large ?

1) Overconfidence, whereby humans do not know what they do not know and widely overstate their own information gathering and analysis capabilities. Illusion of control and a variety of self-attribution biases fall in this category.

2) Prospect theory, which states that human decisions are affected by psychological reference points. For instance, someone who is in a losing position will likely try to get even, whereas someone in a winning position will more likely try to secure his or her gains. Read more…

What is the role of accounting and financial decision making in Business? Why is essential to consider accounting data in relation to other factors in other decisions in all situations.

The word accounting can firstly be defined as the collection, recording, compiling and forecasting of financial information.

There are two different strands in accounting, and these are financial accounting and management accounting. Financial accounting has information about reports of the past, it can be used by external users, it needs to be reliable, accurate and consistent, it is ruled by accounting conventions and legal requirements, and it covers the company as a whole.

Management accounting focuses on the present and the future of the company, it is purely for internal users, it is usually easy to use, relevant and up-to-date, and it covers the departments and divisions rather than the company as a whole.

The first part of accounting is the collection of the data. This data is collected from the business transactions which are the: Buying and selling of goods and services; Sales invoices, purchase invoices; Statements, credit notes; Remittance advice notes, cheque receipts.

The second part is the recording of the data. This process is done with double entry, using the accounting equation and the conventions or principles. The information is recorded in Daybooks, books of original data, sales purchase ledgers, and nominal ledgers. Read more…

Today we are talking about writing a Finance research paper. This discipline blog is here to help you make sense of your paper and develop it fully. For instance, when you write a Finance research paper it will most often be in relation to some part of an organization or mock-organization. You will search out the financial information from the organization and work into carefully into a document that explains what that particular aspect of finance is doing, where it is, the implications of the numbers, and the recommended solution.

Most often, when you do a Finance research paper the research is organizational rather than outward; however, many instructors will find your particular report well thought out if the information, and thesis statement, is defended by examples of other organizational best practices. Essentially, when you prepare a Finance research paper, you want to explain what you found, what it means, and how other businesses have been successful handling the same situation.

Once you have your topic defined, whether it be cash flow, equity, contracts, forward markets, or economics, you will finish a good Finance research paper by checking all of your references and citations. This may seem like no big deal; however, remember that finance is a very precise field, and failing to format the structure, references, and citations can appear to be a lack of attention to detail – which is very bad in the finance field. Your writing of a Finance research paper will be in APA, MLA, Turabian/Chicago, or Harvard format style; however, most common is APA and MLA. So, good luck with your writing, and pay attention to the detail.